We welcome expressions, support, and collaboration from like-minded organizations

 

 

US Renew News: Where Facts Make a Difference (Check Out Our News Coverage Below)

ECONOMIC POLICIES, ANALYSIS, AND RESOURCES

The Economic and Trade Policy Domain tracks and reports on policies that deal with budget, taxation, and finance issues. The domain tracks policies emanating from the White House, Congress, the Department of Commerce and the Department of Treasury.

Latest Economic and Trade Policy Posts

FTC initiates Crackdown on Deceptive Earnings Claims

Brief #137 – Economic Policy
By Stephen Thomas

There is an adage which, simply put, means that if a deal appears too good to be true, then it probably is. The U.S. Federal Trade Commission has seen so many consumers misled by so-called deceptive earnings claims that the agency is developing a regulation to crackdown on the practice. The solution is composed of two phases.

read more

Eye on the Fed

Brief #134 – Economic Policy
By Greg Ziegler

The Federal Open Market Committee (FOMC) concluded the first of its eight scheduled meetings for 2022 on Wednesday, January 26th. The Committee is comprised of twelve members and is responsible for overseeing the nation’s monetary policy to promote the nation’s economic goals.

read more

What is the Significance of the First Union Store at Starbucks?

Brief #132 – Economic Policy
By Rosalind Gottfried

The recent union vote, at a Buffalo, NY Starbucks, represents the first success in the company’s 8000 corporate retail outlets. Workers United is the entity representing the workers and is affiliated with the Service Employees International Union. Another area store failed to vote in a union while a third one had a successful outcome which has been contested by both sides.

read more

Inflationary Trends Cut Into Rise in Wages

Brief #131 – Economic Policy
By Rosalind Gottfried

Wages are increasing significantly in all sectors. As workers have gradually rejoined the labor force, taking their time even as federal subsidies to unemployment benefits ended, starting wages and service work especially have seen large increases. Wages increased 4.9% between October 2020 and October 2021.

read more

Last Minute Agreement to Raise Debt Ceiling

Brief #130 – Economic Policy

By Rosalind Gottfried

After persistent bickering Senators Mitch McConnell and Chuck Schumer reached a procedural agreement allowing the Senate to pass an increase in the debt ceiling with a simple majority. This bill passed Thursday and is likely to quickly lead to an increase in the debt ceiling of 2-2.5 trillion dollars, which will cover the government’s debt payments through next year’s election.

read more

Labor, Inflation, and Supply Chain Problems Suggest a Slowing Economy

Brief #129 – Economic Policy
By Rosalind Gottfried

The economic recovery has slowed in the third quarter and the unprecedented circumstances make it unclear what the indicators ultimately will mean for future growth. It is estimated that worker shortages are costing the economy sixty billion dollars in sales every month. Increased wages are failing to attract a crucial influx in returning workers. There are millions of pre-pandemic workers who have not returned to work. Workers are reluctant to return to work likely due to health concerns; childcare issues; and reconsideration of life priorities.

read more
x
x

Join the Resistance---Your donation helps support the work we do to bring you news and analysis of government policies and the organizations seeking to resist them.

Pin It on Pinterest